Traveller's Park

3251 N. State Street, Ukiah, CA 95482

Property Information

  • For Sale $2,500,000
  • Property Type Multi-Family
  • Property Size 10,000 SF
  • Units 24
  • Lot Size 2.13 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Sep 21, 2026

Description

Nestled in the picturesque surroundings of Ukiah, California, the surrounding area offers a blend of natural beauty and urban convenience. Situated in the heart of wine country, prospective investors will discover a vibrant community with access to world-renowned vineyards, stunning parks, and outdoor recreational opportunities. The property's prime location provides convenient proximity to notable points of interest such as the Ukiah Valley Medical Center, Ukiah Municipal Airport, and Lake Mendocino. With its charming downtown area and diverse dining options, Ukiah offers an attractive lifestyle for potential residents, making it an appealing investment opportunity.Cash cow! A unique income-producing asset on State Street that delivers a 7% cap rate across multiple revenue streams in one of Mendocino County's most accessible commercial corridors! This mixed-use multi-family offering combines 9 garden-level apartment units, one 2/1 house, 14 mobile home sites, and a standalone commercial building on a single 2.13-acre parcel with direct frontage on North State Street and Lake Mendocino Drive along with immediate proximity to Highway 101. The property's diversified rent roll spreads risk across apartments and mobile home space rent tenancy while offering value add potential with the commercial building. Its location places tenants within easy reach of Ukiah's core and regional traffic flow, supporting long-term occupancy and visibility. For an investor seeking stabilized cash flow with multiple income sources, this configuration offers both downside protection and room to add value!

Contacts

Location

Located at 3251 N. State Street, Ukiah, CA 95482, this property is part of the The Forks neighborhood.

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